Reading Time: < 1 minute The Latvian airline airBaltic announced that the major shareholder of the carrier, the Cabinet of Ministers of the Republic of Latvia, has approved the investment of up to EUR 250 million into the equity of airBaltic. The government’s plan to provide its investment to airBaltic in tranches is still a subject to approval of the […]

Reading Time: < 1 minute Turkish Airlines chief is looking at buying stakes in airlines across India, China and the US. Speaking to reporters last month, the airline’s CEO Ilker Ayci mentioned he is looking at investing in equity stakes in airlines as a way to offset potential shocks from growing protectionism. “We have grown organically so far, but politicians […]